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Note 19 - Parent Company Financial Information (Tables)
 12 Months Ended
Dec. 31, 2016
Notes Tables  
Condensed Balance Sheet [Table Text Block]
   
December 31,
  
CONDENSED BALANCE SHEETS
  
2016
    
2015
  
Cash
   $
271,036
    $
20,942
 
Investment in wholly-owned subsidiary
    
96,164,812
     
91,815,084
 
Investment securities held-to-maturity
    
509,617
     
508,456
 
Investment in Preferred Trust I
   
310,010
     
310,010
 
Other assets
    
238,244
     
160,460
 
Total assets
   $
97,493,719
    $
92,814,952
 
                 
Junior subordinated debentures
   $
10,310,000
    $
10,310,000
 
Other liabilities
    
-
     
334,178
 
Stockholders' equity
    
87,183,719
     
82,170,774
 
Total liabilities and stockholders' equity
   $
97,493,719
    $
92,814,952
 
Condensed Income Statement [Table Text Block]
   
Years Ended December 31,
  
CONDENSED STATEMENTS OF INCOME
  
2016
    
2015
    
2014
  
                   
(As restated)
  
Income:                        
Equity in earnings of subsidiary
   $
7,448,666
    $
5,099,001
    $
4,347,843
 
Miscellaneous income
    
6,898
     
6,885
     
6,870
 
Total income
    
7,455,564
     
5,105,886
     
4,354,713
 
                         
Expenses:
                        
Interest on junior subordinated debentures
    
534,258
     
561,695
     
323,113
 
Miscellaneous expenses
    
211,149
     
75,170
     
75,000
 
Income tax expense (benefit)
    
(251,105
 )    
(214,192
 )    
(133,022
 )
Total expense
    
494,302
     
422,673
     
265,091
 
Net income
   $
6,961,262
    $
4,683,213
    $
4,089,622
 
Condensed Cash Flow Statement [Table Text Block]
   
Years Ended December 31,
  
CONDENSED STATEMENTS OF CASH FLOWS
  
2016
    
2015
    
2014
  
                   
(As restated)
  
Operating activities:                        
Net income
  $
6,961,262
    $
4,683,213
    $
4,089,622
 
Adjustments to reconcile net income to net cash
provided by operating activities:
                        
Stock based compensation expense
    
81,889
     
68,705
     
59,798
 
Equity in undistributed earnings of subsidiary
    
(7,448,666
 )    
(5,099,001
 )    
(4,347,843
 )
Upstream dividend received from subsidiary
    
1,918,000
     
2,129,000
     
1,690,000
 
Other operating activities
    
(170,651
 )    
(128,775
 )    
(57,839
 )
Net cash provided by (used in) operating activities
    
1,341,834
     
1,653,142
     
1,433,738
 
                         
Investing activities:
                        
Purchase held-to-maturity investment
    
-
     
-
     
-
 
Sale of income tax receivable to subsidiary
    
-
     
-
     
-
 
Net cash provided by (used in) investing activities
    
-
     
-
     
-
 
                         
Financing activities:
                        
Payment to repurchase common stock
    
(42
 )    
(909,172
 )    
(457,074
 )
Vesting of restricted stock awards
    
42
     
(954
 )    
-
 
Additional equity investment in subsidiary
    
-
     
-
     
-
 
Cash paid for dividends
    
(1,091,740
 )    
(953,010
 )    
(962,551
 )
Net cash used in financing activities
    
(1,091,740
 )    
(1,863,136
 )    
(1,419,625
 )
                         
Net increase (decrease) in cash
    
250,094
     
(209,994
 )    
14,113
 
Cash at beginning of year
    
20,942
     
230,936
     
216,823
 
Cash at end of year
  $
271,036
    $
20,942
    $
230,936